CBS TELEVISION NETWORK FINANCE EXECUTIVE JED KAPSOS APPOINTED CHIEF FINANCIAL OFFICER AT POP

Kapsos Tapped for Key Leadership Role at CBS/Lionsgate-owned Cable Network as It Continues to Ramp up Programming Slate and Expand Its Reach

LOS ANGELES, Calif. - Oct. 16, 2017 - Jed Kapsos, a senior finance executive of CBS Corporation and its broadcast network since 1998, has been appointed Chief Financial Officer at Pop, the CBS/Lionsgate-owned entertainment network.

Kapsos, who most recently served as Senior Vice President of Finance for CBS Television Network in New York, will relocate to Los Angeles and transition to his new role at Pop effective immediately. He will report to Pop President Brad Schwartz with responsibility for the network's finance and accounting operations.

We are thrilled and incredibly fortunate to have Jed's expertise as we continue building Pop as a premium media brand, said Schwartz. Since rebranding in 2015, we've been on quite a run, and with nine scripted series set for 2018, Jed will be integral to our continued growth.

Pop is a dynamic, fast-growing network with a strong slate of programming and great momentum across all areas of its business, said Kapsos. It's an exciting time to join the team, and I am looking forward to being part of the network's bright future.

For the past nine years, Kapsos has served as Senior Vice President, Finance at the CBS Television Network reporting to its Chief Financial Officer Bruce Taub. In this role, Kapsos was responsible for overseeing all of the network's accounting, its shared services, and its West Coast operations finance. He also served as the liaison with CBS Corporation and other CBS divisions for network finance matters, including financial systems, business processes and controls, and program modeling.

Prior to his role at CBS Television Network, Kapsos served as Chief Financial Officer for CBS' digital media division, which eventually merged with CBS Interactive. During this period, Kapsos built the division's finance team, developed its reporting infrastructure for annual budgeting and monthly forecasts, and oversaw operational functions, including human resources and facilities.

He joined CBS in 1998 with initial responsibility of its internal audit and financial reporting departments.

Prior to CBS, Kapsos served 10 years at Price Waterhouse's (PW) assurance practice, specializing in Entertainment, Media and Communications clients. During his tenure at PW, he served in several team leadership roles and was actively involved in teaching and mentoring programs.

Kapsos is a graduate of the University of Florida with a Masters in Accounting and is a licensed CPA. He serves as the Board Treasurer for the IRTS Foundation, an organization dedicated to providing opportunities for diversity candidates within the media industry through sponsored summer fellowships and leadership seminars.

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About Pop:

Fans don't sit at the outskirts of pop culture making snarky comments. They live right smack in the middle of it, sharing, creating and connecting their passions with others. Pop gives fans a dedicated channel that loves being a fan as much as they do. A channel filled with optimism, humor, excitement and a passion for the great times in life - those you remember and those still to come.

Pop is a joint venture of CBS Corporation (NYSE: CBS.A and CBS) and Lionsgate (NYSE: LGF.A, LGF.B). The partnership combines CBS' programming, production and marketing assets with Lionsgate's resources in motion pictures, television and digitally delivered content. Pop's ownership structure is comprised of the company with the #1 broadcast network and many of the top first-run syndication series and the studio responsible for the worldwide box office phenomenon La La Land, winner of six Academy Awards, the blockbuster Hunger Games, Twilight Saga, John Wick and Now You See Me franchises and acclaimed television series including Orange is the New Black, Nashville, Casual, The Royals and Greenleaf.

On the web: www.poptv.com

Pop Facebook: https://www.facebook.com/PopTelevision

Pop Twitter: https://twitter.com/PopTV

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Press Contact:

Leslie Furuta leslie.furuta@poptv.com 323-856-4062

LINK:	https://www.cbscorporation.com/2017/10/cbs-television-network-finance-...
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